Financial
Distress signals
Property profile

510 East Memorial Rd Oklahoma City, OK 73114

FOR LEASE
Other commercial real estate
Property ID
US69-0699137
8,442 SF 3.61 ac lot Built 1998
Last sale Mar 2015 · $3,375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a garden office setting comprising approximately 32,000 square feet distributed across four buildings, with available office space totaling about 2,075 square feet within the complex. The landlord provides maintenance services for the property. Tenants pay utilities directly to the service providers and also contribute a pro rata share of water, sewer, and trash expenses. The office area is accompanied by abundant on-site parking adjacent to the buildings, and the surrounding…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$359k
Assessed land$69k
Assessed improvement$290k
Effective rate11.90%

Value estimate

· Sep 2026
$460k
$414k – $506k
CAP approach$1.79M
Submarket $/SF estimate$2.20M
NOI build-up
Gross scheduled income$799k
Vacancy & credit loss−$192k
Operating expenses−$152k
NOI · 3,139,793.10% cap applied$455k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$68 – $260
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3,139,793.10%
$455k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKLAHOMA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.4
Law Firm11.1
Parking Facility11.0

Location

510 East Memorial Rd Oklahoma City, OK 73114
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13415 Santa Fe, Oklahoma City, OK 73114-2236 $1,037,500 Jan 2024 8,224 SF
933 Britton, Oklahoma City, OK 73114-7802 $1,216,500 Dec 2023 6,111 SF
324 Hefner, Oklahoma City, OK 73114-6727 $625,000 Nov 2023 7,251 SF
9801 Lincoln, Oklahoma City, OK 73114-7510 $560,000 Oct 2022 3,327 SF
916 Britton, Oklahoma City, OK 73114-2707 $300,000 Mar 2022 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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